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Cambodia’s Bakong Digital Currency Teams Up with Alipay for Expanded Reach
21.11.2023
Source: Adobe / anekoho In a move to enhance cross-border payments, Cambodia’s Bakong digital currency system, a component of the National Bank of Cambodia (NBC), has entered into a memorandum of understanding (MoU) with Chinese payment provider Alipay, Cambodia’s Phnom Penh Post recently...
LBank Unveils Third Launchpad Featuring ACGN Protocol’s AIMEME Token
21.11.2023
PRESS RELEASE. LBank, a globally leading cryptocurrency trading platform, is set to make waves in the digital currency space with the official launch of its highly anticipated Launchpad on November 30, 2023. The focal point of this unveiling is the introduction of ACGN Protocol’s AIMEME...
Singapore Unveils Plan to Ensure Seamless Financial Transactions Across Digital Asset Networks
21.11.2023
The Monetary Authority of Singapore’s managing director has outlined the central bank’s plan to ensure seamless financial transactions across digital asset networks. “Currently, there is a proliferation of digital asset networks,” the head of Singapore’s central bank said....
Cambodian digital currency bakong amps up use case with Alipay agreement
20.11.2023
The CBDC-like bakong provides digital payment services in riel and the U.S. dollar. It has been steadily extending its regional scope
Crypto Media Firm Coindesk Acquired by Bullish in All-Cash Deal
20.11.2023
Crypto media firms in 2023 are emerging with new owners. After Foresight Ventures, a Singaporean Web3 venture capital firm acquired a major stake in the publication The Block, a week later, the crypto publication Coindesk was acquired by Bullish, a firm led by former New York Stock Exchange...
Crypto exchange Bullish buys 100% stake in crypto media site CoinDesk: Report
20.11.2023
CoinDesk was owned by Digital Currency Group who acquired the media company in 2016 for $50M. The new owner, Bullish, is headed by former New York Stock Exchange president Tom Farley
Bitcoin Price Prediction: BTC Growth Amid Argentine Politics and Indian Crypto Shift to Dubai
20.11.2023
In the ever-evolving world of cryptocurrency, Bitcoin continues to make headlines with its latest surge. Trading at $37,292, the digital currency marked a significant increase of 2.5% on Monday. This uptick in value coincides with the political shift in Argentina, where Bitcoin’s price surged...
Bitcoin Price Prediction: Surge on Argentine Win, Expands to Dubai
20.11.2023
In the ever-evolving world of cryptocurrency, Bitcoin continues to make headlines with its latest surge. Trading at $37,292, the digital currency marked a significant increase of 2.5% on Monday. This uptick in value coincides with the political shift in Argentina, where Bitcoin’s price surged...
Crypto Platform Strike and Checkout.com Partner to Bring Bitcoin Buying to 65+ Countries
17.11.2023
Source: Pixabay / WorldSpectrum Bitcoin (BTC) wallet and payment platform Strike has partnered with Checkout.com to enable debit-card-based Bitcoin purchases in over 65 countries. Strike leverages Bitcoin’s lightning network to let users make instant and free cross-border fiat currency payments...
Global securities body IOSCO unveils crypto regulatory framework proposals
17.11.2023
According to the report, these expectations can be addressed by applying existing rules or creating new ones, depending on the jurisdiction
JPMorgan Says JPM Coin Could Handle $10 Billion in Daily Transactions Next Year
17.11.2023
Global investment bank JPMorgan expects its digital currency, JPM coin, to “start taking off.” The bank says JPM coin could handle $10 billion in daily transactions in the next year or two, according to its global head of financial institution payments. He emphasized that JPM coin...
US Congress Kicks Against SEC’s SAB 121 Rules in Latest Memo
16.11.2023
Source: AdobeStock The US Securities and Exchange Commission’s (SEC) latest release of its Staff Accounting Bulletin (SAB) 121 is receiving major backlash from legislators. Making their opinions heard in a memo dated November 15, several members of the US Congress wrote to the Chairman of...
German Parliament member ’staunch opponent' of digital Euro, all in on Bitcoin
16.11.2023
EU lawmakers are anticipating the arrival of the digital euro, though German politician Joana Cotar is pushing back against the currency and fighting in favor of Bitcoin
Singapore’s Monetary Authority to Expand Wholesale CBDC Pilots
16.11.2023
Source: Pixabay Singapore’s central bank, The Monetary Authority of Singapore (MAS) has unveiled plans to start live Central Bank Digital Currency (CBDC) wholesale pilots and efforts to expand the framework. On Nov 16, the financial authority released plans for a safe an innovative use of digital...
CBDC Milestone: Kazakhstan’s Central Bank Introduces Digital Tenge in Pilot Phase
16.11.2023
Source: Adobe/Сергей Шиманович The National Bank of Kazakhstan has initiated a pilot phase for its central bank digital currency (CBDC), becoming the latest bank to jump on the CBDC craze. In a recent announcement, the bank said the pilot phase started with the first retail payment using...
Kazakhstan’s NPC Officially Rolls Out State-backed CBDC in Partnership With Visa and Mastercard
15.11.2023
Source: Iliya Mitskavets/Adobe Central-Asia Country Kazakhstan has officially launched the digital tenge project, a central bank digital currency (CBDC) designed to simplify payments and drive economic growth. According to a local news outlet report on November 15, Binur Zhalenov, CEO of...
CVM Chief: Brazilian CBDC Drex to ‘Kill’ Many Cryptocurrencies
14.11.2023
João Pedro Nascimento, president of the Brazilian Securities and Exchange Commission (CVM), believes that drex, the Brazilian central bank digital currency (CBDC), will “kill” many cryptocurrencies. While established cryptocurrencies like bitcoin and ethereum will keep being used in...
Ethereum Technical Analysis: ETH’s Bullish Streak Meets Oscillator Caution
13.11.2023
Ethereum’s price action remains in the spotlight as it navigates above the $2,000 threshold, with key indicators suggesting a mix of neutrality and bullish signals. The digital currency’s recent upsurge reflects a growing bullish consensus among investors, despite some calls...
Bankrupt Crypto Lender Genesis Seeks Court Help to Reduce Settlement Payout to 3AC
10.11.2023
Source: Pexels Digital Currency Group’s (DCG) subsidiary Genesis Global is seeking approval from the US court to revise its settlement agreement with the bankrupt Three Arrows Capital Ltd (3AC). According to a document filed on November 9 with the US bankruptcy court of the Southern District...
Poloniex Hit by $114 Million Hot Wallet Heist; Justin Sun Pledges to Recover Funds
10.11.2023
Onchain data and reports have highlighted unusual outflows from cryptocurrency exchange Poloniex, prompting concerns of a possible hot wallet breach worth approximately $114 million. Justin Sun, the exchange’s proprietor and Tron’s creator, has stated that the incident is under...